OTCPK:AUMTF - Post by User
Comment by
Teatimenowon Mar 23, 2016 9:48am
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Post# 24691940
RE:NEWS- Positive Feasibility Study Update for the Kemess
RE:NEWS- Positive Feasibility Study Update for the Kemesshate to be the naysayer, but this updated FS is a huge dissapointment, higher total CAPEX, lower IRR and so on (camopared to the 2013 numbers)...
...best would be to sell or whatever Kemess and just go with the great royalty package, but management won`t they love this project...
i was expecting more...period...
(Kemess East still interesting, no doubht, but Kemess as a whole, more a liability here than an asset, at least in current market.)
chrs
teatime